Larry Weifeng Liu

Working Papers

School funding and student performance in Australia (with Tunye Qiu, 2025)
Long-term projections of the world economy (with Warwick McKibbin, 2025)
The trade-inflation nexus: The role of production networks (with Thuy Hang Duong, 2025)
Housing prices and marriage delay: Evidence from China (with Tunye Qiu, 2024)
Social bubble games in epidemics (2024).
Global Demographic Change and International Capital Flows: Theory and Empirics. CAMA Working Paper 70/2021.
Demographic Change, Carbon Convergence and Climate Policy. CAMA Working Paper No. 26/2020.
Demographic Impacts on Life Cycle Portfolios and Financial Market Structures (with Phitawat Poonpolkul). CAMA Working Paper No.20/2020.

Journal Publications

Aggregation rules and institutional innovations for collective action (with Todd Sandler). Constitutional Political Economy 2025.
Public Goods, Group Size and Provision Aggregation (with Todd Sandler). Journal of Economic Behavior and Organization 2024.
Macroeconomic Impacts of Global Demographic Change: The Case of Australia (with Warwick McKibbin). Asian Economic Papers 2022.
Global Macroeconomic Impacts of Demographic Change (with Warwick McKibbin). The World Economy (2021).
Global Economic and Environmental Outcomes of the Paris Agreement Energy Economics 90 (2020) (with Warwick McKibbin, Adele Morris and Peter Wilcoxen).
Participation Constraints of Matching Mechanisms. Journal of Public Economic Theory. 2019;1–24.
Modelling the Economic Impacts of Korean Unification (with Warwick McKibbin, Jong-Wha Lee, and Cheol Jong Song). Asian Economic Journal 2018, 32(3): 227–256.
The Role of Border Carbon Adjustments in a U.S. Carbon Tax (with Warwick McKibbin, Adele Morris and Peter Wilcoxen). Climate Change Economics 09(01), 2018.
Global Public Goods and Unilateral Matching Mechanisms (with Wolfgang Buchholz). Journal of Public Economic Theory. 2018;1-17.
Global Public Goods and Coalition Formation under Matching Mechanisms. Journal of Public Economic Theory. 2018;1-31.

Other Publications

Climate Resilience in South Asia’s Private Sector in South Asia Development Update (with Warwick McKibbin, Franziska Ohnsorge, and Siddharth Sharma). World Bank Report in April 2025.
Climate Policies and External Adjustment (with Rudolfs Bems, Luciana Juvenal, and Warwick McKibbin). IMF Working Paper 24/162.
Why Climate Policy Scenarios Are Important, How to Use Them, and What Has Been Learned (with Roshen Fernando and Warwick McKibbin). Brookings Institution Report (September 2022).
Climate Policies and External Adjustment (with Rudolfs Bems, Luciana Juvenal and Warwick McKibbin). IMF External Sector Report 2022.
Running the NGFS Scenarios in G-Cubed: A Tale of Two Modelling Frameworks (with co-authors from multiple institutes). The Network for Greening the Financial System (NGFS) Paper June 2022.
Mitigating Climate Change: Growth-Friendly Policies to Achieve Net Zero Emissions by 2050 (with Florence Jaumotte and Warwick McKibbin). IMF Working Paper No. 2021/195.
Reaching Net Zero Emissions (with Warwick McKibbin and IMF Colleagues) (June 2021). IMF Report for 2021 G20 meetings.
Global Economic Impacts of Climate Shocks, Climate Policy and Changes in Climate Risk Assessment (with Roshen Fernando and Warwick McKibbin). Brookings Institution Climate and Energy Economics Discussion Paper (March 2021).
Mitigating Climate Change—Growth- and Distribution-Friendly Strategies (with Warwick McKibbin and IMF Colleagues). IMF World Economic Outlook, October 2020.
The Role of Monetary Policy during a Low-Carbon Transition (with Rosetta Dollman, Giulio Vannicelli, Pablo Anton Arnal, Jason Eis, Warwick McKibbin). Vivid Economics Report, September 2020.
Global Demographic Changes and International Capital Flows (with Warwick McKibbin). Chapter 8 for VoxEU E-Book “The Economics of Population Aging” (2019) Edited by David Bloom.
Nobody Knew Border Carbon Adjustments Could Be So Complicated (with Warwick McKibbin, Adele Morris, and Peter Wilcoxen). Brookings Institution Report (May 2017).
China: Ambitious Targets and Policies (with Warwick McKibbin) in “COP 21 at Paris: The Issues, the Actors, and the Road Ahead on Climate Change” Brookings Institution Global Economy and Development Report (2015).
China’s Carbon Future: A Model-Based Analysis Brookings Institution Climate and Energy Economics Discussion Paper (December 31, 2015) (with Warwick McKibbin, Adele Morris and Peter Wilcoxen).